What was the dollar value of contract PBGC01CT160016?

The total obligated amount for contract PBGC01CT160016 is $34,425,996.

When was contract PBGC01CT160016 awarded?

Contract PBGC01CT160016 was first awarded on March 30, 2016.

What NAICS code does contract PBGC01CT160016 fall under?

Contract PBGC01CT160016 is classified under NAICS code 523920.

What agency awarded contract PBGC01CT160016?

Contract PBGC01CT160016 was awarded by Pension Benefit Guaranty Corporation.

Contract PBGC01CT160016

Name: Contract PBGC01CT160016 — federal award record
Creator: BesaGov
License: https://www.usa.gov/government-works

Goldman Sachs Asset Management, L.P · Pension Benefit Guaranty Corporation · March 30, 2016

Firm Fixed PriceFull & Open CompetitionNAICS 523920

Goldman Sachs Asset Management, L.P was awarded a federal contract by Pension Benefit Guaranty Corporation on March 30, 2016 for $34.43 million of work in portfolio management. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 49 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on April 13, 2026.

Obligated to date

$34.43M

$34,425,996

Current value

$34.43M

Modifications

Latest April 13, 2026

Contract details

PIID: PBGC01CT160016
Award type: Definitive Contract
Pricing: Firm Fixed Price
Set-aside: No Set Aside Used.
Competition: Full And Open Competition
NAICS: 523920 · Portfolio Management
Product / service: Support- Management: Financial
Place of performance: Washington, DC
First action: March 30, 2016
Latest action: April 13, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO IMPLEMENT EXECUTIVE ORDER 14173, "ENDING ILLEGAL DISCRIMINATION AND RESTORING MERIT-BASED OPPORTUNITY."

Modification timeline

April 13, 2026

Mod P00051

$0
April 10, 2026

Mod P00050

$0
March 2, 2026

Mod P00049
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE A SIX-MONTH EXTENSION OF THE CONTRACT.

$2.40M
February 11, 2026

Mod P00048
DEOBLIGATE EXPIRED FUNDS

$-2.13M
December 17, 2025

Mod P00047
THE PURPOSE OF THIS UNILATERAL MODIFICATION IS TO INCREMENTALLY FUND OPTION PERIOD 9 (CLIN 9008) IN THE AMOUNT OF 2,400,000.

$2.40M

March 24, 2025

Mod P00046
EXERCISE OPTION PERIOD 9

$2.20M
October 30, 2024

Mod P00045
THE PURPOSE OF THIS MODIFICATION IS TO ADD INCREMENTAL FUNDING TO OPTION PERIOD EIGHT OF THE CONFORMED CONTRACT.

$2.52M
September 19, 2024

Mod P00044
THE PURPOSE OF THE MODIFICATION IS TO UPDATE THE COR ON THIS CONTRACT.

$0
September 6, 2024

Mod P00043
THE PURPOSE OF THE MODIFICATION IS TO DE-OBLIGATE UNUSED FROM PREVIOUS YEARS PREVIOUSLY EXERCISED YEARS OF THE CONFORMED CONTRACT.

$-3.96M
March 11, 2024

Mod P00042
THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE OP8, ADD FUNDING, INCREASE THE CEILING, AND ADD A NEWLY REQUIRED CLAUSE.

$2.00M

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Top contractors in NAICS 523920

Lifetime obligated dollars across all federal contracts in this NAICS code.

#	Contractor	Contracts	Obligated
1	Pacific Investment Management Company Llc	3	$146.05M
2	Pgim, Inc.	2	$135.45M
3	Wellington Management Company Llp	1	$89.47M
4	Blackrock Institutional Trust Company National Association	3	$72.33M
5	Marathon Asset Management Llp	2	$71.42M
6	Arrowstreet Capital Lp	1	$63.99M
7	Goldman Sachs Asset Management, L.P	2	$58.14M
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9	Neuberger Berman Investment Advisers Llc	3	$55.00M
10	Tcw Asset Management Company Llc	1	$45.12M

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Frequently asked questions

What is contract PBGC01CT160016?

Contract PBGC01CT160016 is a federal contract awarded to Goldman Sachs Asset Management, L.P by Pension Benefit Guaranty Corporation on March 30, 2016 for $34.43 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 49 times since the base award.

Who won contract PBGC01CT160016?

Goldman Sachs Asset Management, L.P won contract PBGC01CT160016 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT160016 worth?

Contract PBGC01CT160016 has obligated $34.43 million to date.